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Milano Corporation has experienced growth of 2 0 % for each of the last 5 years. Over this 5 - year period, Milano s return
Milano Corporation has experienced growth of for each of the last years. Over this year period, Milanos return on equity has never exceeded its profit margin has held steady at and its total asset turnover has not changed. Over the year period, Milano paid no dividends and issued no new equity. Based on this information, which of the following can you most likely infer about Milanos performance over the past years?
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